BCE Financial Statements From 2010 to 2024

BCE Stock  USD 32.21  0.03  0.09%   
BCE financial statements provide useful quarterly and yearly information to potential BCE Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on BCE financial statements helps investors assess BCE's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting BCE's valuation are summarized below:
Gross Profit
10.5 B
Profit Margin
0.0917
Market Capitalization
29.5 B
Enterprise Value Revenue
2.3162
Revenue
24.7 B
There are over one hundred nineteen available fundamental signals for BCE Inc, which can be analyzed over time and compared to other ratios. Investors should ensure to validate all of BCE's prevailing performance against the performance from 2010 to 2024 to make sure the company is sustainable in the coming quarters. The current year's Market Cap is expected to grow to about 44.9 B. The current year's Enterprise Value is expected to grow to about 78.4 B

BCE Total Revenue

22.49 Billion

Check BCE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BCE main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 1.7 B or Selling General Administrative of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.11 or PTB Ratio of 1.22. BCE financial statements analysis is a perfect complement when working with BCE Valuation or Volatility modules.
  
This module can also supplement BCE's financial leverage analysis and stock options assessment as well as various BCE Technical models . Check out the analysis of BCE Correlation against competitors.

BCE Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets48.1 B71.9 B51.9 B
Slightly volatile
Short and Long Term Debt Total38 B36.2 B23.6 B
Slightly volatile
Total Current Liabilities8.4 B12.1 B8.9 B
Slightly volatile
Total Stockholder Equity16.2 B20.2 B17.5 B
Slightly volatile
Property Plant And Equipment Net23.5 B30.4 B23.6 B
Slightly volatile
Net Debt37.2 B35.4 B23.2 B
Slightly volatile
Cash717.7 M772 M414.2 M
Pretty Stable
Non Current Assets Total41.9 B64.7 B46.7 B
Slightly volatile
Non Currrent Assets Other4.2 B4.4 B2.3 B
Slightly volatile
Cash And Short Term Investments1.9 B1.8 B557.1 M
Slightly volatile
Net Receivables2.8 B4.5 B3.5 B
Slightly volatile
Common Stock Shares Outstanding826.2 M912.2 M832 M
Slightly volatile
Liabilities And Stockholders Equity48.1 B71.9 B51.9 B
Slightly volatile
Non Current Liabilities Total21.6 B39.3 B25 B
Slightly volatile
Inventory586.9 M465 M496.1 M
Pretty Stable
Other Current Assets343.5 M554 M255.2 M
Slightly volatile
Other Stockholder Equity1.2 B1.3 B2.1 B
Slightly volatile
Total Liabilities29.9 B51.4 B33.9 B
Slightly volatile
Property Plant And Equipment Gross91.2 B86.8 B39.1 B
Slightly volatile
Total Current Assets4.5 B7.3 B5.2 B
Slightly volatile
Short Term Debt2.9 BB3.5 B
Slightly volatile
Intangible Assets17.4 B16.6 B11.9 B
Slightly volatile
Accounts Payable3.4 B3.3 BB
Very volatile
Other Liabilities9.1 B8.7 B5.6 B
Slightly volatile
Long Term Debt16.3 B31.1 B18.3 B
Slightly volatile
Good Will8.9 B10.9 B9.5 B
Slightly volatile
Property Plant Equipment22.4 B33.6 B23.5 B
Slightly volatile
Current Deferred Revenue768.3 M811 M737.9 M
Slightly volatile
Long Term Debt Total23.5 B32 B20.2 B
Slightly volatile
Capital Surpluse1.3 B1.3 B1.2 B
Slightly volatile
Net Invested Capital49.7 B51.5 B42.4 B
Slightly volatile
Capital Stock26.9 B24.5 B24.4 B
Slightly volatile

BCE Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.5 B4.9 B3.7 B
Slightly volatile
Selling General Administrative2.2 B4.4 B1.7 B
Slightly volatile
Total Revenue22.5 B24.7 B21.7 B
Slightly volatile
Gross Profit9.8 B7.4 B9.5 B
Slightly volatile
Other Operating Expenses18.1 B19.2 B16.8 B
Slightly volatile
Operating Income4.4 B5.5 B4.9 B
Slightly volatile
EBIT3.9 B5.5 B4.9 B
Slightly volatile
EBITDA7.4 B10.4 B8.6 B
Slightly volatile
Cost Of Revenue12.7 B17.2 B12.1 B
Slightly volatile
Total Operating Expenses1.8 B1.9 B12 B
Pretty Stable
Income Before Tax3.3 B3.9 B3.6 B
Slightly volatile
Net Income2.2 B2.3 B2.6 B
Slightly volatile
Income Tax Expense992.3 M996 M942.8 M
Slightly volatile
Net Income Applicable To Common Shares2.3 B3.1 B2.4 B
Slightly volatile
Tax Provision803.7 MB964.4 M
Very volatile
Interest Income116.8 M123 M833 M
Pretty Stable
Reconciled Depreciation4.8 B4.9 B4.2 B
Slightly volatile

BCE Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.8 B3.2 B2.6 B
Slightly volatile
Begin Period Cash Flow141.6 M149 M383.2 M
Slightly volatile
Depreciation3.8 B4.9 B3.8 B
Slightly volatile
Capital Expenditures4.2 B4.8 B4.2 B
Slightly volatile
Total Cash From Operating ActivitiesB7.9 B6.8 B
Slightly volatile
Net Income2.6 B2.3 B2.7 B
Slightly volatile
End Period Cash Flow558.4 M772 M428.2 M
Very volatile
Issuance Of Capital Stock19 M20 M55.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.981.92751.8855
Slightly volatile
Dividend Yield0.110.07710.0742
Pretty Stable
PTB Ratio1.222.3512.3085
Pretty Stable
Days Sales Outstanding68.166.186160.2014
Slightly volatile
Book Value Per Share15.6322.176120.5031
Slightly volatile
Free Cash Flow Yield0.07350.06690.0851
Slightly volatile
Invested Capital0.861.60141.2166
Slightly volatile
Operating Cash Flow Per Share5.438.71087.9189
Pretty Stable
Average Payables1.7 B1.8 B1.6 B
Pretty Stable
PB Ratio1.222.3512.3085
Pretty Stable
EV To Sales3.533.36252.9869
Slightly volatile
Free Cash Flow Per Share3.663.48833.1349
Slightly volatile
ROIC0.07180.07760.0927
Slightly volatile
Inventory Turnover38.9537.096828.6108
Pretty Stable
Net Income Per Share2.122.48083.0122
Pretty Stable
Days Of Inventory On Hand9.359.839116.2954
Slightly volatile
Payables Turnover5.485.21463.2405
Slightly volatile
Sales General And Administrative To Revenue0.190.17860.0736
Slightly volatile
Average Inventory324.8 M341.9 M357.8 M
Slightly volatile
Research And Ddevelopement To Revenue0.00350.00360.0095
Slightly volatile
Cash Per Share1.021.94260.6009
Slightly volatile
POCF Ratio4.185.98526.1165
Pretty Stable
Interest Coverage3.613.41554.3594
Pretty Stable
Payout Ratio1.71.62091.0122
Slightly volatile
PFCF Ratio15.6914.946118.1886
Pretty Stable
Days Payables Outstanding66.569.9954123
Pretty Stable
Income Quality1.963.51132.5681
Pretty Stable
ROE0.10.11190.1459
Slightly volatile
EV To Operating Cash Flow6.7610.44099.2912
Slightly volatile
PE Ratio22.0721.015716.6496
Slightly volatile
Return On Tangible Assets0.05190.0510.0803
Slightly volatile
EV To Free Cash Flow27.3826.072727.7565
Slightly volatile
Earnings Yield0.04520.04760.0812
Slightly volatile
Intangibles To Total Assets0.40.3830.3729
Slightly volatile
Net Debt To EBITDA2.023.39882.4485
Slightly volatile
Current Ratio0.850.60010.634
Pretty Stable
Receivables Turnover5.275.51486.1462
Slightly volatile
Graham Number27.5835.182837.1975
Pretty Stable
Shareholders Equity Per Share15.6322.176120.5031
Slightly volatile
Debt To Equity0.861.60141.2166
Slightly volatile
Average Receivables4.2 B2.2 B2.1 B
Slightly volatile
Revenue Per Share30.7127.047826.3847
Slightly volatile
Interest Debt Per Share39.1437.276928.3077
Slightly volatile
Debt To Assets0.290.45030.4102
Pretty Stable
Enterprise Value Over EBITDA5.187.96427.134
Slightly volatile
Short Term Coverage Ratios2.071.5762.0614
Very volatile
Price Earnings Ratio22.0721.015716.6496
Slightly volatile
Operating Cycle93.5976.025277.5728
Pretty Stable
Price Book Value Ratio1.222.3512.3085
Pretty Stable
Days Of Payables Outstanding66.569.9954123
Pretty Stable
Dividend Payout Ratio1.71.62091.0122
Slightly volatile
Price To Operating Cash Flows Ratio4.185.98526.1165
Pretty Stable
Price To Free Cash Flows Ratio15.6914.946118.1886
Pretty Stable
Pretax Profit Margin0.120.15710.1652
Slightly volatile
Ebt Per Ebit0.870.70490.7546
Pretty Stable
Operating Profit Margin0.160.22290.2214
Very volatile
Effective Tax Rate0.360.2570.2699
Very volatile
Company Equity Multiplier3.323.55632.9835
Slightly volatile
Long Term Debt To Capitalization0.380.57490.5001
Pretty Stable
Total Debt To Capitalization0.410.61560.5422
Pretty Stable
Return On Capital Employed0.0880.09190.1156
Slightly volatile
Debt Equity Ratio0.861.60141.2166
Slightly volatile
Ebit Per Revenue0.160.22290.2214
Very volatile
Quick Ratio0.630.51590.4795
Very volatile
Net Income Per E B T0.490.58380.6869
Very volatile
Cash Ratio0.110.06380.0488
Very volatile
Operating Cash Flow Sales Ratio0.210.32210.3011
Slightly volatile
Days Of Inventory Outstanding9.359.839116.2954
Slightly volatile
Days Of Sales Outstanding68.166.186160.2014
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.420.40050.3841
Very volatile
Cash Flow Coverage Ratios0.360.24530.3187
Slightly volatile
Price To Book Ratio1.222.3512.3085
Pretty Stable
Fixed Asset Turnover1.070.81290.9389
Slightly volatile
Price Cash Flow Ratio4.185.98526.1165
Pretty Stable
Enterprise Value Multiple5.187.96427.134
Slightly volatile
Debt Ratio0.290.45030.4102
Pretty Stable
Cash Flow To Debt Ratio0.360.24530.3187
Slightly volatile
Price Sales Ratio0.981.92751.8855
Slightly volatile
Return On Assets0.03770.03150.0499
Slightly volatile
Asset Turnover0.540.3430.4399
Slightly volatile
Net Profit Margin0.080.09170.1158
Pretty Stable
Gross Profit Margin0.350.30090.4326
Very volatile
Price Fair Value1.222.3512.3085
Pretty Stable
Return On Equity0.10.11190.1459
Slightly volatile

BCE Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap44.9 B42.8 B42.9 B
Slightly volatile
Enterprise Value78.4 B74.7 B65.8 B
Slightly volatile

BCE Fundamental Market Drivers

Forward Price Earnings14.4509
Cash And Short Term Investments1.8 B

BCE Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About BCE Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include BCE income statement, its balance sheet, and the statement of cash flows. BCE investors use historical funamental indicators, such as BCE's revenue or net income, to determine how well the company is positioned to perform in the future. Although BCE investors may use each financial statement separately, they are all related. The changes in BCE's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BCE's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on BCE Financial Statements. Understanding these patterns can help to make the right decision on long term investment in BCE. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue811 M768.3 M
Total Revenue24.7 B22.5 B
Cost Of Revenue17.2 B12.7 B
Stock Based Compensation To Revenue(0.40)(0.38)
Sales General And Administrative To Revenue 0.18  0.19 
Research And Ddevelopement To Revenue 0  0 
Capex To Revenue(0.19)(0.20)
Revenue Per Share 27.05  30.71 
Ebit Per Revenue 0.22  0.16 

Pair Trading with BCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc to buy it.
The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out the analysis of BCE Correlation against competitors.
Note that the BCE Inc information on this page should be used as a complementary analysis to other BCE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is BCE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BCE. If investors know BCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BCE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
3.87
Earnings Share
1.66
Revenue Per Share
27.048
Quarterly Revenue Growth
0.005
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BCE's market value can be influenced by many factors that don't directly affect BCE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.